HBL Engineering Limited, formerly known as HBL Power Systems Limited, has reported robust financial results for the first quarter, with significant growth across key metrics. The company also announced the reappointment of its Chairman and Managing Director for another five-year term.

Strong Financial Performance

HBL Engineering witnessed a remarkable 88.2% year-on-year increase in net profit, which rose to ₹139.73 crore compared to ₹74.25 crore in the same quarter last year. The company's revenue from operations grew by 15% to ₹587.68 crore, up from ₹511.23 crore in the corresponding period.

The company's performance was further highlighted by a significant expansion in its EBITDA margin, which improved to 34.3% from 22% year-on-year, indicating enhanced operational efficiency.

Segment-wise Performance

All three of HBL Engineering's business segments contributed to the strong quarterly performance:

1. Industrial Batteries
2. Defence & Aviation Batteries
3. Electronics

Notably, the Electronics segment showed particularly improved profitability, contributing to the overall robust results.

Key Financial Highlights

Leadership Continuity

In a significant move ensuring leadership stability, the Board of Directors has reappointed Dr. Aluru Jagadish Prasad as the Chairman and Managing Director for another five-year term, effective from October 1, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Dr. Prasad, who has been at the helm since the company's inception, brings a wealth of experience to his role. He holds a B.Tech from IIT Kharagpur, an MS in Management from MIT, USA, and a Doctorate in International Business from Columbia University, USA.

Other Key Announcements

1. Book Closure: The company has set book closure dates from September 13-25, 2025.
2. Record Date: September 12, 2025, has been fixed as the record date for e-voting eligibility and to determine shareholders' eligibility for receiving dividends, if declared at the Annual General Meeting.

HBL Engineering's strong Q1 performance, coupled with strategic leadership decisions, positions the company for continued growth in the industrial batteries, defence and aviation batteries, and electronics sectors. Investors and stakeholders will be keenly watching the company's future moves as it builds on this robust start to the fiscal year.

HBL Engineering , a company specializing in railway infrastructure development, has recently clinched a significant contract from South Central Railway. The deal, valued at ₹133.00 crores, marks a notable achievement for the company in the railway sector.

Contract Details

The newly awarded contract involves work on the strategically important Vijayawada–Ballarshah railway line. While specific details of the project remain undisclosed, the substantial value of the contract suggests a comprehensive scope of work related to railway infrastructure enhancement.

Strategic Importance

The Vijayawada–Ballarshah line is a crucial railway route connecting the states of Andhra Pradesh and Maharashtra. This project is likely part of the ongoing efforts to modernize and expand India's railway network, potentially improving connectivity and transportation efficiency in the region.

Financial Implications

The ₹133.00 crore order is expected to have a positive impact on HBL Engineering's order book and future revenue streams. However, the exact financial implications and the timeline for project completion have not been disclosed in the available information.

Conclusion

This contract win demonstrates HBL Engineering's continued engagement in India's railway infrastructure development. It also underscores the ongoing investments being made by Indian Railways to enhance its network and services. As more details emerge, stakeholders will be keen to understand the full scope of the project and its potential long-term impact on both HBL Engineering and the railway corridor it will serve.